Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Jeffrey Trudeau
  • Rental Property Investor
  • Weymouth, MA
0
Votes |
6
Posts

FHA Mortgage Question

Jeffrey Trudeau
  • Rental Property Investor
  • Weymouth, MA
Posted

My brother and I are currently on the search to purchase a primary residence with a FHA loan in MA.

We are looking at 2/3/4 unit residential properties mostly.

Today we came across an off market deal from a family friend. She has 2 homes for sale (right next door to eachother, on separate lots). A 3 bedroom and a 1 bedroom home.

Question 1: Is it possible to buy both properties together under 1 FHA mortgage?

Question 2: Could we move into the larger home and rent out the 2nd? (I’m assuming no)

I have minimal experience with residential loans, my current rentals are commercial.

Thanks!

Jeff

Loading replies...